Maximize Inventory Turnover Rate

How to Maximize Your Inventory Turnover Rate

What is an inventory turnover rate? Simply put, it’s the number of times inventory is sold or used in a period of time. Also known as the cost of goods sold or net sales divided by the average inventory. Although a high inventory turnover rate signals strong sales, it can also indicate an ineffective inventory purchasing plan. And, since

By |2019-11-05T14:50:37-05:00December 18th, 2015|Inventory Turnover Rate|0 Comments